Manuel Chang

Quick Facts

Full Name	Manuel Chang
Occupation	Economist
Date Of Birth	Aug 22, 1955(1955-08-22)
Age	69
Birthplace	Gaza
Country	Mozambique
Horoscope	Leo

Manuel Chang Biography

Manuel Chang is one of the most popular and richest Economist who was born on August 22, 1955 in Gaza, Mozambique.

Three state-owned Mozambiqiue companies were created to exploit the county’s marine resources; Proindicus was to perform coastal surveillance, Ematun was to engage in tuna fishing and MAM was to build and maintain shipyards. Debt problems began in 2013, when the Abu Dhabi-based shipbuilding and offshore construction company, Privinvest, obtained a $366 million contract with Proindicus, financed by IMF loans. The loans for this and other marine projects were requested by State Information and Security Service (SISE). As Finance Minister Chang confirmed to Swiss bankers that proceeds from a state loan should be paid to a commercial broker instead of to the Mozambique Central Bank. Chang guaranteed loans, that were illegal under Mozambique law, and kept these loans secret even from other cabinet members. In 2016 a default on Eurobonds issued by the Mozambican government to hide these and other unpaid loans first brought these actions to public attention.

Chang was arrested in December 2018 in South Africa for his part in diverting loan funds, based upon an indictment in the United States. His extradition to the U.S. was delayed when the government of Mozambique also filed a competing request for extradition. However, in February 2020 Mozamique withdrew its request.

Manuel Chang Net Worth

Manuel Chang is one of the richest Economist from Mozambique. According to our analysis, Wikipedia, Forbes & Business Insider, Manuel Chang 's net worth $5 Million. (Last Update: December 11, 2023)

Manuel Chang (born 22 August 1955 in Gaza Province) was a Mozambican economist and politician of the FRELIMO party. From 2005 to 2015 he served as the Minister of Economy and Finances in President Armando Guebuza’s cabinet. He replaced Luísa Diogo as Finance Minister in February 2005. His work as Finance Minister was intertwined in a debt scandal. In January 2015 when President Filipe Nyusi assumed office he replaced Chang as Finance Minister with Adriano Maleiane.

Height, Weight & Body Measurements

Manuel Chang height Not available right now. Donal weight Not Known & body measurements will update soon.

Who is Manuel Chang Dating?

According to our records, Manuel Chang is possibily single & has not been previously engaged. As of December 1, 2023, Manuel Chang’s is not dating anyone.

Relationships Record : We have no records of past relationships for Manuel Chang. You may help us to build the dating records for Manuel Chang!

Facts & Trivia

Donal Ranked on the list of most popular Economist. Also ranked in the elit list of famous people born in Mozambique. Manuel Chang celebrates birthday on August 22 of every year.

What happened to Manuel Chang?

Chang was arrested in December 2018 in South Africa for his part in diverting loan funds, based upon an indictment in the United States. His extradition to the U.S. was delayed when the government of Mozambique also filed a competing request for extradition. However, in February 2020 Mozambique withdrew its request.

Where was Manuel Chang born?

Gaza Province, Mozambique

Who is South Africa's current minister of finance?

South Africa Minister of Finance
Incumbent Enoch Godongwana since 2021-08-05
National Treasury
Style| The Honourable
Appointer| Cyril Ramaphosa

What is the capital of Mozambique?

Maputo

What does Frelimo stand for?

Liberation Front of Mozambique’) is a democratic socialist political party in Mozambique. It is the dominant party in Mozambique and has won a majority of the seats in the Assembly of the Republic in every election since the country’s first multi-party election in 1994. FRELIMO Party. Partido FRELIMO. Abbreviation.